(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.
The chart is not a TPO profile. Time is meaningless without events and we use price as our events. The method used to create the chart is time independent and does not use volume at all, only price (tick data).
It does not assume a bell-curve distribution of price (does not depend on statistics) and a tendency to revert to the point of control. The forecasting method allows us to anticipate further price movement and makes forecast based on past price movement activity.
To look at the trend we look at the movement of BP and our equilibrium. Attached is the chart for Taiwan index futures for today which would highlight what i was saying. The green circle give us the reversal signal.
Price movement is an endless cycle between equilibrium and chaos. The method allow us when we are trading to see when equilibrium is achieved and when it is destroyed
Hope this helps.
The following user says Thank You to ecmf for this post:
Chaos Trading : Price forecast for TXCC.TW 25 Nov 2011
attached is the price forecast for TXCC.TW which is the Taiwan Stock Index futures. At the time of this posting, price has already reached. Sorry for this delay and i hope to post before the event happens.
Ok, please don't take this as 'attacking you', but confused...
1. Why do you want to get people interested in this method? For what benefit or outcome? Why do you personally wish this? I see many people start journals all for someone else than themselves? It is funny how I don't write in my journal at home for anyone else, maybe I should... haha...
2. This to me seems like MP TPO's using a trendline 100% ext. Nothing magical here to me, but a different way to look at the market. Why not explain what it is, and help others learn instead of being reclusive?
I guess I don't get the point of why you present it this way, and I guess you are letting suspense build up until we just can't take it anymore? haha.. I am sure you have your reasons, but doesn't make sense from a straight shooter.
I appreciate you posting your different view on the markets as we all learn.
The following 2 users say Thank You to bluemele for this post:
Chaos Trading : Price forecast for EURUSD (long term)
attached is the price forecast for EURUSD, this is a slightly longer term forecast and not a day trade forecast.
From the picture, you can see heavy resistance for EURUSD especially 1.3521 area. Also we can see an equilibrium at 13858- 13521- 13191, 13421 was broken, so price is moving down and eventually it will move to 13191 completing the equilibrium.
The following user says Thank You to ecmf for this post:
no offense at all. it is good to learn from each other. I will try to answer your questions.
1) I have learn this concept from Mr. Chen who happen to live in Hawaii over 20 years and he had a dream : To be able to forecast price. Price forecast was believed to be impossible by many people since the last century. Through his theory, I believe his dream may have come true. i also like to share with people who are interested in this new way to view price movements.
2) I can assure you that it is not like MP TPO's. Like i explain earlier, the method used is time independent and it is based on the endless cycle of building and destoying equilibrium. Based on the non fixed time interval,the method integrates equilibrium concept (from chaos theory) and the principle of "symmetry of events" to allow us to forecast price. I do not think MP is able to do price forecast.
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Futures: Futures
Posts: 3,427 since Aug 2010
Thanks: 1,056 given,
5,830
received
Forum Reputation: Legendary
Ok, @ecmf why not cut the chase and give up your indicator and tell @bluemele and others how they can duplicate your method. No disrespect but so far nothing is really explained and nothing is learned.
I've come across this method over 10 years ago, to me there are lots of similarities with Market Profile. Using ticks vs. TPOs doesn't make a great difference to me.
Market forms an equilibrium /balance and breaks out of that equilibrium at some point in time, makes a large move to then balance again and so forth, nothing new here.
Maybe the concept of establishing price targets shown by the triangles is something unique. Don't know how well it works but I'm a curious cat so I'll follow this journal.
The following 12 users say Thank You to TheSeeker for this post:
I am sure you have your reasons, but doesn't make sense from a straight shooter.
